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I’m not trying to be disingenuous, we simply have different opinions about the definition of inflation. Honestly I have not heard that inflation is just the inc
by kemotep 2y ago
I’m not trying to be disingenuous, we simply have different opinions about the definition of inflation. Honestly I have not heard that inflation is just the increase in money supply before. With us having different definitions we are clearly talking at cross purposes here.
Inflation is a long term measurement, short term events like a hurricane causing supply shocks can all add up to impact the rate of inflation over time but individually it doesn’t. It is fair to not count month to month fluctuations so I will give you that.
This is probably where most pro/anti crypto people break down in communication is us not using words the same way. You taught me a new definition of inflation today, I don’t think that’s right, but since we were using words differently that explains our disagreement.